Regulatory Alerts2025-03-28
GFSC Operational Resilience Guidance Note
The Gibraltar Financial Services Commission issues this guidance to implement the Financial Services (Operational Resilience) Regulations 2023 for insurers, credit institutions, investment firms, and payment service providers. Regulated entities must identify important business services, set specific impact tolerances, and conduct scenario testing to ensure they can prevent, adapt to, and recover from severe operational disruptions. The document outlines requirements for governance, mapping, self-assessment, and reporting to maintain the stability of the Gibraltar financial system and protect clients.
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